108, Fairfield Road
108, Fairfield Road
Description & Estimates
The public record describes 108, Fairfield Road, Morecambe as an early-century apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
108, Fairfield Road, Morecambe has an estimated sale value of £99,986 and an estimated rental value of £641 per month, assuming reasonable condition and based on the information available.
Fairfield Road, Heysham, Morecambe, LA3 lies in the borough of Lancaster, within the LA3 postal district.
Our Data Sources
108, Fairfield Road, Morecambe has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 108, Fairfield Road, Morecambe would be worth £104,985, with a potential rental value of £674 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £92,987, with a rental value of £597 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 108, Fairfield Road, Morecambe has increased by £714 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £28 (4.4%). The property's estimated gross yield is currently 7.7%.
Energy Efficiency
108, Fairfield Road, Morecambe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
108, Fairfield Road, Morecambe last changed hands on 31st March 2000, selling for £27,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
- Sold Mar 2000£27,000
- Sold Feb 1997£22,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of 108, Fairfield Road, Morecambe across the last 2 years.
Most recently, Flat 1, 90, Sandylands Promenade, Morecambe, LA3 1DP, a leasehold flat, sold at £127,000 on the 6th February 2024.
Read more about house prices in LA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 108, Fairfield Road, Morecambe as the 129th largest and the 132nd most expensive of the 135 addresses on Fairfield Road, Heysham, Morecambe, LA3.
Against the LA3 postcode district average, it is £92k less expensive than the typical property.
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Schools Nearby
- 300mMorecambe and Heysham Sandylands Community Primary School
- 800mWest End Primary School
- 900mMossgate Primary School
- 400mBay Leadership Academy
- 2.9kmMorecambe Bay Academy
- 5.4kmOur Lady's Catholic College
More reading links
Public Transport Nearby
Morecambe station is the nearest stop to 108, Fairfield Road, Morecambe at 1.6 kilometres away.
- 1.6kmMorecambe
- 3.4kmHeysham Port
- 3.7kmBare Lane
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
